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http://www.1up.com/do/newsStory?cId=3136865
After posting its first interim loss in decades last year, Nintendo bounced back to profitability in the first half of the current fiscal year. According to the game giant's interim financial report, Nintendo made a net profit of 46.4 billion yen ($451 million) in the six months ending September 30, compared to a loss of 2.9 million yen last year.
Sales actually dropped slightly to 188 billion yen ($1.8 billion), a 12% decrease, but currency fluctuations dealt fewer blows to the value of Nintendo's foreign holdings this time out.
Most of Nintendo's profit came from the domestic market, however. The operating income earned by its Japanese segment -- 47.1 billion yen ($458 million) -- dwarfed those of its North American and European operations -- 2.4 billion yen ($23.3 million) and 1 billion yen ($9.7 million) respectively.
The disparity between regions comes in spite of rising GameCube hardware sales in North America and Europe. Nintendo sold 990,000 GameCubes in North America in the first half of this fiscal year, compared to 550,000 in the same period last year. Game Boy Advance hardware sales dropped in all territories compared to the same period last year, however, from 8.3 million units worldwide to 6.7 million.
For the entire fiscal year ending March 31, Nintendo expects to turn a net profit of 90 billion yen ($875 million) on the strength of its new DS handheld. Supporting that expectation, Nintendo set its worldwide DS sales expectations for the fiscal year to 5 million.
Originally, Nintendo expected to ship 3.5 million units to retailers worldwide by the end of March, before raising the figure to 4 million last month. Now, it forecasts sales of 5 million DS hardware units worldwide by the end of the fiscal year, and some 15 million units of DS software.
After posting its first interim loss in decades last year, Nintendo bounced back to profitability in the first half of the current fiscal year. According to the game giant's interim financial report, Nintendo made a net profit of 46.4 billion yen ($451 million) in the six months ending September 30, compared to a loss of 2.9 million yen last year.
Sales actually dropped slightly to 188 billion yen ($1.8 billion), a 12% decrease, but currency fluctuations dealt fewer blows to the value of Nintendo's foreign holdings this time out.
Most of Nintendo's profit came from the domestic market, however. The operating income earned by its Japanese segment -- 47.1 billion yen ($458 million) -- dwarfed those of its North American and European operations -- 2.4 billion yen ($23.3 million) and 1 billion yen ($9.7 million) respectively.
The disparity between regions comes in spite of rising GameCube hardware sales in North America and Europe. Nintendo sold 990,000 GameCubes in North America in the first half of this fiscal year, compared to 550,000 in the same period last year. Game Boy Advance hardware sales dropped in all territories compared to the same period last year, however, from 8.3 million units worldwide to 6.7 million.
For the entire fiscal year ending March 31, Nintendo expects to turn a net profit of 90 billion yen ($875 million) on the strength of its new DS handheld. Supporting that expectation, Nintendo set its worldwide DS sales expectations for the fiscal year to 5 million.
Originally, Nintendo expected to ship 3.5 million units to retailers worldwide by the end of March, before raising the figure to 4 million last month. Now, it forecasts sales of 5 million DS hardware units worldwide by the end of the fiscal year, and some 15 million units of DS software.



